Rick’s Tax Corner: Special Tax Season Edition
The 2020 Tax Calendar CONTACT US TODAY to book your FREE consultation! Form W-2 & 1099 MISC (Electronic or Mail) 01/31/2020Form 1065—Partnerships 03/16/2020Form 1120S—S Corporations 03/16/2020Form 1040—Individuals 04/15/2020Form 1041—Trusts & Estates 04/15/2020Form 1120—SC Corporations 04/15/2020Form 990 Series—Tax Exempt Organizations 05/15/2020Form 1065—Extended Return 09/15/2020Form 1120S—Extended Return 09/15/2020Form 1041—Extended Return 09/30/2020Form 1120 Extended Return 10/15/2020Form 1040 Extended […]
Rick’s Tax Corner: January 2020
Important Mileage Rate Information CONTACT US TODAY to book your FREE consultation! WASHINGTON — The Internal Revenue Service today issued the 2020 optional standard mileage rates (PDF) used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on January 1, 2020, the standard mileage rates for the […]
Charitable Donations Revisited
By Joseph Bassett (edited by Jason Watson. CPA) Some say that the best nation is a “donation!” While that might make you laugh (and hopefully this blog post does too), people donate to charities for a variety of reasons. Whether you are actively involved in the charity, or it has a special meaning in your […]
Rick’s Tax Corner: December 2019
How Taxpayers Can Make Sure Their Donations Are Tax-Deductible CONTACT US TODAY to book your FREE consultation! It’s that time of year when taxpayers are thinking about how they want to give back, and many taxpayers will want to donate to a charity that means something to them. The IRS has a tool that may […]
Section 199A Separate Trade or Business
By Joseph Bassett (edited by Jason Watson. CPA) The Section 199A deduction was derived from the Tax Cuts and Job Acts and, thanks to our Congress, is one of the more complicated business tax deductions. Our website has a multitude of posts to help you understand the Section 199A deduction, but it is essentially the […]
